JSWSTEELNSEJSW Steel Limited· Ferrous MetalsHighNeutral
Announced Fri, 4 Apr, 2025 · 20:53 IST

JSWSTEEL - full redemption of US$400,000,000, 5.375% Notes due 2025.

Debt PrepaidCredit & Debt View source PDFExplain this filing

JSWSTEEL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
-7.8%Reaction day
₹1008.35
prior close
₹906.00
announcement price
After-mkt
timing
Nifty 100market · index membership as recorded later (tracked since Jun 2026)-3.2%-4.5% vs market
Iron & Steel peers, median of 9sector-6.9%-0.8% vs sector

On the reaction day the stock moved 4.5 pts less than Nifty 100 and 0.8 pts less than its Iron & Steel peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark
Stock
5m
+3.8
10m
+5.3
15m
+5.0
30m
+4.0
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
-7.8-3.2-4.5-6.9-0.8
Next day
-5.2-1.5-3.7-5.9+0.7
2d
-5.8-2.1-3.7-7.0+1.2
3d
-1.6-0.3-1.3-3.9+2.3
4d
+0.2+2.1-1.9+0.8-0.6
5d
+0.2+2.6-2.4+0.7-0.5
1w
+2.9+5.5-2.6+2.7+0.2
15d
-3.8+6.0-9.8+0.5-4.3
1m
-4.2+6.2-10.4+0.9-5.1
2m
-0.2+10.0-10.2+13.6-13.8
3m
+3.6+11.3-7.6+13.8-10.2
UpDownMarket · Nifty 100Sector · Iron & Steel peers, median of 9Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

JSW Steel has fully redeemed its US$400 million (approximately ₹3,300+ crore) worth of 5.375% Notes which were originally due to mature in 2025. This means the company has repaid the entire outstanding amount on these overseas bonds ahead of or at maturity. The redemption clears a significant chunk of the company's foreign currency debt obligation. It indicates the company had sufficient liquidity or refinancing capacity to retire this debt. The move reduces future interest outflows for JSW Steel on these specific notes.

Likely market impact

Positive for shareholders — it signals healthy cash flow or strong refinancing ability, reduces future interest burden, and improves the company's debt maturity profile, which is generally viewed favorably by the market.